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Canadian Gold Resources Ltd T.CAN


Primary Symbol: V.CAN Alternate Symbol(s):  CDNGF

Canadian Gold Resources Ltd., formerly Amseco Exploration Ltd, is a Canada-based gold exploration and development company. The Company is focused on advancing its 100% owned gold properties in the Gaspe Gold Belt of Quebec, Canada. The Company is the owner of the Lac Arsenault Property, the VG Boulder Property, and the Robidoux Property. The Lac Arsenault project is located in the Gaspe Peninsula of Quebec, approximately 25 kilometers (kms) north of Paspebiac and 58 kilometers from Bonaventure, covering a total of 4,118 hectares. The Robidoux project is located in the western Gaspe Peninsula, Quebec, covering 1,940 hectares. The VG Boulder project is located in the Gaspe Peninsula, Quebec and covers 14 km along the prospective Grand Pabos Fault, spanning approximately 5,787 hectares.


TSXV:CAN - Post by User

Comment by kensinon Mar 01, 2011 9:30am
283 Views
Post# 18210942

RE: RE: Can may be..

RE: RE: Can may be..Was not trying to be negative. I guess I pushed a mental reset and thought what might be real. I believe this is the best Gold play on the planet right now. I think theTSX would be nice but CAN is not there yet and doesn't need the costs and hassles at this point. I'd rather they spent all there time and energy to prove up 20 mil ounces+  then all the big boards will want them. I believe they will drill up the whole 14k with gold but to think it can be done at 30+gpt sets you up for real let downs and the tendency would be to sell on a dip on normal drill results when everyone should hold there core position. E.T. (Ethiopia) looks like it will be amazing. But as the japanese say, "chase one rabbit at a time"  Better to do TANZ perfectly then get sidetracked.  
Just to be clear, long before most of you even heard of Canaco I was bullish and nothing has changed. ( due respects to the old timers that were here well before me when it was called something else)

This is going to be a great ride. If you go back 6 months and read a post or two of mine you will see I said everyone who sells will lament that decision. That you will want every share you have ever owned back in your portfolio. Nothing has changed except the outlook is better now then it ever was.   JMO
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